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LVMH Moët Hennessy Louis Vuitton reported record revenue and profit for 2022

LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury goods group, recorded revenue of €79.2 billion in 2022 and profit from recurring operations of €21.1 billion, both up 23% compared to 2021.
Author: Financial Market
Timp de citit: 2 minute

American Express missed on earnings but the stock is rising on dividend increase

American Express Company (NYSE: AXP) reported full-year net income of $7.5 billion (-7.5%), or $9.85 per share, compared with net income of $8.1 billion, or $10.02 per share, a year ago.
Author: Financial Market
Author: Financial Market
Timp de citit: 3 minute

Europe emerges as the largest producer of green hydrogen, the “clean” energy that could transform by 2030 the heavy industry, refinery, aviation, road freight and sea transports

Europe emerges as the largest producer of green hydrogen, with a 30% share in the world production, due to its ample, low-cost renewables capacity, in a race for decarbonization aiming at transforming by 2030 industries with high carbon footprint
Author: Financial Market
Author: Financial Market
Timp de citit: < 1 minute

Acțiunile Visa cresc după ce compania a raportat rezultate financiare peste așteptări în T4 2022

Acțiunile procesatorului de plăți Visa s-au apreciat astăzi cu peste 2% după compania a raportat rezultatele financiare trimestriale care au depășit așteptările analiștilor.
Author: Financial Market
Author: Article based upon analysis from Reuters Breakingviews
Timp de citit: 2 minute

China’s reopening offers little consolation for what the Year of the Rabbit brought so far

Moviegoers’ and vacationers´ euphoria after Covid restrictions were lifted by Beijing seems to be reason enough for investors to gain trust in the Chinese economy again.
Author: Article based upon analysis from Reuters Breakingviews
Author: Financial Market
Timp de citit: 3 minute

Chipmaker Intel reported fourth-quarter and full-year 2022 financial results that were below analysts’ expectations

Once one of the largest semiconductor companies, Intel is facing fierce competition but also declining demand for its products. Therefore, Q4 revenue was $14.0 billion, down 32 percent year-over-year (YoY) while full-year revenue was $63.1 billion, down 20 percent YoY.
Author: Financial Market
Author: Financial Market
Timp de citit: 2 minute

US GDP increased at an annual rate of 2.9% in the fourth quarter of 2022

Real gross domestic product (GDP) increased at an annual rate of 2.9 percent in the fourth quarter of 2022, after increasing 3.2 percent in the third quarter and beating forecasts of 2.6%.
Author: Financial Market

LVMH Moët Hennessy Louis Vuitton reported record revenue and profit for 2022

LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury goods group, recorded revenue of €79.2 billion in 2022 and profit from recurring operations of €21.1 billion, both up 23% compared to 2021.
Author: Financial Market
Timp de citit: 2 minute

American Express missed on earnings but the stock is rising on dividend increase

American Express Company (NYSE: AXP) reported full-year net income of $7.5 billion (-7.5%), or $9.85 per share, compared with net income of $8.1 billion, or $10.02 per share, a year ago.
Author: Financial Market
Author: Financial Market
Timp de citit: 3 minute

Europe emerges as the largest producer of green hydrogen, the “clean” energy that could transform by 2030 the heavy industry, refinery, aviation, road freight and sea transports

Europe emerges as the largest producer of green hydrogen, with a 30% share in the world production, due to its ample, low-cost renewables capacity, in a race for decarbonization aiming at transforming by 2030 industries with high carbon footprint
Author: Financial Market
Author: Financial Market
Timp de citit: < 1 minute

Acțiunile Visa cresc după ce compania a raportat rezultate financiare peste așteptări în T4 2022

Acțiunile procesatorului de plăți Visa s-au apreciat astăzi cu peste 2% după compania a raportat rezultatele financiare trimestriale care au depășit așteptările analiștilor.
Author: Financial Market
Author: Article based upon analysis from Reuters Breakingviews
Timp de citit: 2 minute

China’s reopening offers little consolation for what the Year of the Rabbit brought so far

Moviegoers’ and vacationers´ euphoria after Covid restrictions were lifted by Beijing seems to be reason enough for investors to gain trust in the Chinese economy again.
Author: Article based upon analysis from Reuters Breakingviews
Author: Financial Market
Timp de citit: 3 minute

Chipmaker Intel reported fourth-quarter and full-year 2022 financial results that were below analysts’ expectations

Once one of the largest semiconductor companies, Intel is facing fierce competition but also declining demand for its products. Therefore, Q4 revenue was $14.0 billion, down 32 percent year-over-year (YoY) while full-year revenue was $63.1 billion, down 20 percent YoY.
Author: Financial Market
Author: Financial Market
Timp de citit: 2 minute

US GDP increased at an annual rate of 2.9% in the fourth quarter of 2022

Real gross domestic product (GDP) increased at an annual rate of 2.9 percent in the fourth quarter of 2022, after increasing 3.2 percent in the third quarter and beating forecasts of 2.6%.
Author: Financial Market